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Joseph Rai

Meesho-backer B Capital raises 1st early-stage focused global fund

TMT

19 July, 2022

Meesho-backer B Capital raises 1st early-stage focused global fund

B Capital Group, backer of startups such as Meesho BlackBuck and Khatabook, on Tuesday said it has closed its first ......

Ola Electric to invest $500 mn to build cell R&D unit

Infrastructure

18 July, 2022

Ola Electric to invest $500 mn to build cell R&D unit

Ola Electric, the electric mobility arm of ANI Technologies Pvt. Ltd, on Monday said it will invest $500 million to ......

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Tata Capital Healthcare Fund II strikes second diagnostics bet

Healthcare

18 July, 2022

Tata Capital Healthcare Fund II strikes second diagnostics bet

Private equity firm Tata Capital’s second healthcare fund has made an investment in Chennai-based Anderson Diagnostic Services Pvt. Ltd, a ......

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M&A deal value in financial services hits record high in Jan-June

Finance

18 July, 2022

M&A deal value in financial services hits record high in Jan-June

Mergers and acquisitions (M&As) deal value in the financial services sector broke all records in the first six months of ......

Cipla Health to buy nutritional supplement brand Endura Mass

Healthcare

15 July, 2022

Cipla Health to buy nutritional supplement brand Endura Mass

Cipla Health Ltd, the consumer healthcare arm of drug major Cipla Ltd, has entered into a deal to acquire nutritional ......

Mental health startup Wysa snags Series B funding from HealthQuad, BII, others

TMT

14 July, 2022

Mental health startup Wysa snags Series B funding from HealthQuad, BII, others

Mental health platform Wysa on Thursday said it has raised $20 million (around Rs 160 crore) as part of its Series B ......

MediBuddy acquires company co-founded by its former employee

Healthcare

13 July, 2022

MediBuddy acquires company co-founded by its former employee

MediBuddy on Wednesday said it has acquired online doctor consultation startup Clinix, in the healthcare platform's first acquisition after racking ......

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Indira IVF buys back stake of two shareholders to end dispute

Healthcare

13 July, 2022

Indira IVF buys back stake of two shareholders to end dispute

Indira IVF Hospital Pvt. Ltd and its private equity investor TA Associates have taken a loan of around ₹1,200 crore, ......

WestBridge Capital-backed D2C startup Fraazo lays off staff

Consumer

12 July, 2022

WestBridge Capital-backed D2C startup Fraazo lays off staff

In the latest development amid a slew of sackings at startups, direct-to-consumer (D2C) brand Fraazo has laid off some of ......

Ankurit Capital backs nutraceutical and cosmeceutical products firm Deccan Healthcare

Consumer

11 July, 2022

Ankurit Capital backs nutraceutical and cosmeceutical products firm Deccan Healthcare

Ankurit Capital, an alternative investment fund, on Monday said it has picked a 7.71% stake in nutraceutical and cosmeceutical products ......